607 W Saint Johns Ave # 1, Austin TX 78752

My analysis of 7 comparable properties puts this home's estimated value at $479,322. Based on how the local market is moving, a list price between $260,000 and $270,000 would position this home well. Relative to what's currently available in 78752, this home would be the 2nd least expensive of 4 comparable homes on the market. The larger lot (0.43 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 4 comparable homes in 78752; a buyer's market based on recent absorption. The 6 month price trend in 78752: risen 24.6%. The best comp here is 402 Irma DR # B, Austin TX 78752 at an adjusted value of $512,986, a strong comparable. With 7 comparable sales in 78752, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group